What a product?
Something a business makes or offers for people to buy.
What does prince meaning?
What is promotion?
Telling people about a product or service.
What is a customer?
A person who buys or uses a product or service.
What does ''place'' mean in marketing?
Where customers can get a product.
Name one product you might buy at the store?
IF a toy cost $5, what is its price?
$5
What is an advertisement?
A message that tells people about a product or service.
Why are customers important to businesses?
They buy products or services.
US a grocery store a place where products are sold?
Yes.
To meet customers wants and needs
Why does business need to choose a price?
So customers know what they pay and the business can make money.
Name one way business can advertise.
TV, social media, poster, radio, ect.
What can a business learn by asking customers questions?
What they want, need, or like.
Name another place where people can buy products.
Online, in stores, malls, ect
Why might a company change its product?
To make it better for customers.
A store lowers a $20 shirt to $15. What happened to the price?
It decreased.
why do businesses use colorful signs and pictures?
To get people's attention.
A customer says a product is difficult to use. What should the business with that feedback?
Use I to improve the product.
Why is it important for a business to make its products easy to find?
So customers can easily buy them.
A company ask people what new product they want. What is the company learning?
Customer wants and needs
What might happen if a products price is too high?
Some customers may decide not to buy it.
A restaurant makes a video showing its new pizza. What marketing function is this?
Promotion.
Why should businesses listen to their customers?
To understand their wants and needs and improve what they offer
A company sells its toys both in stores and online. What marketing function is this?
Place.